Floods ‘all but guarantee’ interest rate rise
AS Queenslanders count the cost of rising floodwaters, homeowners should prepare for the fallout.
Interest Rates
Home loan surge won’t drive up rates
UNEXPECTED growth in the number of new home loans will have little effect on interest rates.
Slow markets tip RBA to hold on rates
THE Reserve Bank’s board has three more reasons to keep rates on hold at its meeting next month, says experts.
Reserve Bank wants spending to tighten
THE Reserve Bank has warned that consumers need to keep a lid on spending for the economy to avoid inflationary pressure.
RBA worried about Europe’s troubles
THE latest decision on interest rates appears to have been influenced by economic problems in Europe, RBA minute show.
Move your mortgage: A step-by-step guide
CHANGING mortgages can be full of hidden traps but, with good research, it’s worth the effort.
Bank reforms ‘won’t guarantee rates drop’
ASSISTANT Treasurer warns there is no guarantee interest rates will go down on the back of reforms.
Call to break from Reserve Bank
AUSTRALIA’S banks should shift interest rates independently of the Reserve Bank, NAB chief Cameron Clyne has said.
Not my role to attack banks, says Stevens
RESERVE Bank governor Glenn Stevens won’t say whether bank customers are being ripped off.
Australians cutting mates form Xmas lists
CONSUMERS are dumping mates from their Christmas gift lists to stretch their dollars further.
RBA expected to hold despite jobs growth
STRONG jobs growth and an increase in inflation predictions are not be enough to cause a rate rise today, economists say.
Interest rate rise off the radar
ANALYSTS are tipping Australia’s economic inertia could delay the next interest rate rise until March or even April next year.
How the banks rake in billions
THE big banks are pocketing at least half the size of your original home mortgage in pure profit.
Christmas rate hike is unlikely – RBA
THE Reserve Bank of Australia (RBA) has indicated that the cash rate is likely to stay at its current level of 4.75 per cent for the rest of the year, a parliamentary committee has heard.
RBA’s finger off rate trigger for months
THERE is likely mortgage relief ahead with rates tipped to stay on hold for at least four months.
Retailers watch TV screens fall flat
RETAILERS of flat-screen televisions are struggling to make a profit, Harvey Norman boss Gerry Harvey says.
RBA defensive on interest rate hikes
THE RBA has defended its recent interest rate rise, saying the “early, modest tightening” was a pre-emptive move to guard against future inflationary pressures.
Removing exit fees a ‘two-edged sword’
THE removal of exit fees may turn out to be only a short-term benefit to customers, as it will hurt smaller lenders over the medium term.
Banks feel pain as customers walk
ANGRY homeowners looking to dump expensive loans are turning to smaller lenders in droves.
Greens call for tighter rules for banks
BANKS would be banned from raising interest rates over the official RBA cash rate under new plans from the Greens.
ANZ goes back to ‘Bank World’
SO much for beating “Barbara” as ANZ joins Commbank in lifting rates 0.14pc beyond RBA move.
Borrowers queue up to refinance loans
HOME loan borrowers are flocking to brokers and lenders to ask about the cost of switching, as more lenders start to increase their rates.
Rates to grow in line with economy
HOUSEHOLDERS can expect more rising interest rates next year as demand forces up wages, says economists.
Big banks tipped to risk rate-rise mauling
THE three remaining big banks are expected to soon hike their rates above last week’s RBA’s official cash rate rise.
Angry customers swamp CBA’s exit line
EXTRA staff needed to deal with an exodus of angry Commonwealth customers wanting to switch home loans after rates hike.
Big Four banks move to dump exit fees
COSTLY charges are set to go following week of bank bashing and massive customer backlash.
Rates so bad they make UK look desirable
IT’S the one thing Aussies would kill for right now – a mortgage rate of less than one per cent.
CBA chief: It’s not my job to be popular
COMMBANK boss Ralph Norris is disappointed that criticism got personal after his bank’s rate rise.
Noose tightens around errant bank chiefs
SENIOR execs could face multi-million dollar penalties if found to have colluded on rate rises.
RBA decision was the ‘rise we needed’
RESERVE Bank, CBA should be thanked for giving economy what it needs, writes Terry McCrann.
RBA rates decision statement
A Statement by Glenn Stevens, governor: monetary policy decision
RBA to hold rate reins for sixth month
CUP Day punters could have an extra reason to cheer, with the odds strongly in favour of the Reserve Bank holding interest rates.
Pressure your bank for better loan deal
MYSTERY shopper finds out how much you can save by bartering with the banks on mortgages.
‘Please, banks, play fair on Cup Day’
WAYNE Swan pleads with banks not to gouge borrowers with a Melbourne Cup Day rate rise.
Funding will stay expensive, CBA warns
CBA’s chief executive paves the way for interest rate rises outside of official RBA rate movements.
Warning: Prepare for rate pain, Australia
INTERNATIONAL authority says interest rate rise needed because of region’s economic’s strength.
Rate rise a matter of time – Reserve Bank
BOARD minutes from the Reserve Bank reveal it “cannot wait indefinitely” to raise rates due to inflationary pressure.
Rates certain to rise, warns Westpac chief
MORTGAGE rates “are going to go up” as tailwinds from the global financial crisis lash the domestic banking sector.
October out, November rate rise likely
THE Reserve Bank (RBA) has defied market expectations and left the cash rate unchanged at 4.5 per cent for the fifth straight month.
Aussie borrowers face bleak Christmas
RBA expected to raise rates tomorrow, amid a warning that property prices will keep on rising.
Banks to compound interest rates pain
BIG banks set to lift mortgage interest rates above official line but RBA may hold off increase anyway.
Five rate rises on the way, says insider
FORMER RBA economist gives warning bank will put up rates to 5.75 per cent by end of 2011.
Interest rate decision April
Interest rate decision.
Reserve Bank keeps interest rates steady
RESERVE Bank leaves its cash rate unchanged at 4.5 per cent.
RBA September interest rate statement
FULL statement by Reserve Bank governor Glenn Stevens about the board’s September monetary policy decision.
Reserve Bank keeps official rates at 4.5pc
HOMEOWNERS spared higher mortgage payments after the Reserve Bank holds fire on rates.
Strong data increases rate hike chance
RETAIL trade and building approvals figures “blitz expectations”, making a rate hike “all but certain” before 2011.
RBA ‘comfortable’ with current rate levels
THE Reserve Bank left rates on hold in August saying the existing level was appropriate for the time being.
CBA tipped to move on interest rates
THE nation’s biggest bank warns it could raise rates independently of the RBA after conceding its margins were struggling.
RBA outlook hints at interest rates pause
RBA sticks to forecasts for strong growth, but much depends on mining projects and private spending.
Relief for home owners as RBA holds fire
THE Reserve Bank has left its official interest rate at 4.5 per cent on hold for a third straight month.
RBA can give us a rate-rise holiday
GLENN Stevens can take a holiday – the Reserve Bank Governor won’t need to raise rates next week.
Killer rate rise to hit marginal seats
RBA expected to raise rates to contain price rises – two issues Labor has identified as being of critical importance in marginals.
‘Election won’t stop us raising rates’
INTEREST rates could go up in the middle of the election campaign, the Reserve Bank warns.
Inflation holds rates key – Reserve Bank
THE Reserve Bank is waiting for key inflation data before it decides what to do with rates next month.
Unchanged rate may kill savings returns
THE era of unusually high interest rates on savings accounts might be at an end, an analyst warns.
Labor runs risk of election rate rise
RBA chief’s warning over inflation may pose problems for Prime Minister during campaign.
Financial relief as rates likely to hold
THE first decision on official interest rates since Julia Gillard became PM will be taken tomorrow.
Global woes to keep rates steady in July
Economists are tipping the Reserve Bank to leave monetary policy unchanged next Tuesday.
Odds on Reserve Bank cutting rates
FALTERING recovery and retail slump put pressure on bank to give economy a boost next week.
Big banks set to cut mortgage rate deals
MAJOR banks could cut mortgage discounts offered to soften the blow of increased funding costs.
Borrowers face tougher mortgage test
LENDERS tighten the screws by lifting the size of rate rises customers must show they can handle.
Housing market cools after fever pitch
REAL estate prices across Australia finally begin to steady after record sales earlier this year.
CPI, Europe the keys to next rate move
Another rate rise could be a couple of months away, as the RBA waits for the CPI and Europe to move first.
The first good news on interest rates
STRESSED home-owners could be the winners of a daring attempt to take on the major banks.
EU debt fears held rates steady – RBA
UNCERTAINTY over the European debt crisis prompted the Reserve Bank to leave the cash rate on hold.
Aussies cautious after rate rises – RBA
RECENT interest rate rises have made households more cautious in their borrowing behaviour, the Reserve Bank says.
Interest rates relief for next few months
MORTGAGE and business borrowers appear to have been handed a reprieve on interest rates until at least August.
Reserve Bank keeps interest rates steady
HOMEOWNERS spared a rate hike as global market turmoil forces RBA to hold steady.
RBA tipped to hold rates steady
RISING interest rates have taken the edge off credit demand, including housing loans – the mainstay of borrowing in the past year.
Coles owner Wesfarmers urges rate hold
RETAIL and mining giant Wesfarmers wants the Reserve Bank board to put on hold another interest rate rise when it meets tomorrow.
Rates won’t move in June, say economists
RESERVE Bank to give borrowers a breather next week as questions remain over economy.
Interest rates to nudge double digits
IF the Federal Budget projections come into effect, homeowners should brace for further pain.
Rates and home values to fall – experts
PROPERTY prices and interest rates might not rise much more this year, experts have predicted.
Westpac’s Kelly expects pause on rates
WESTPAC chief executive Gail Kelly says she expects a pause in the Reserve Bank’s cash rate movements in the months ahead.
Housing dream now a nightmare
MORE than 90,000 first-home buyers could be forced to sell as they’re caught by fast-rising rates.
Economists tip rates ‘pause’ next month
RATES are now at “average levels” says RBA, and homeowners might get breathing space next month.
Reserve Bank hikes interest rates
THE Reserve Bank hikes to 4.5 per cent with big banks quick to increase interest rates.
Smart money is on another rate rise
HOME-owners brace for more mortgage pain as experts predict 0.25 per cent increase from RBA.
Greek pain to stay RBA’s hand on rates
GREECE’s crumbling economy may save Australian homeowners from another interest rate hike.
Original URL: https://www.news.com.au/finance/economy/interest-rates/page/66